International Journal of Social Science & Economic Research
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Title:
INSTITUTIONAL INVESTOR HETEROGENEITY AND INNOVATION

Authors:
Chonglin Wu, Jie Liu and Fangyu Lin

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Chonglin Wu, Jie Liu and Fangyu Lin
Fujian Agriculture and Forestry University, School of Economics and Management

MLA 8
Wu, Chonglin, et al. "INSTITUTIONAL INVESTOR HETEROGENEITY AND INNOVATION." Int. j. of Social Science and Economic Research, vol. 6, no. 3, Mar. 2021, pp. 806-815, doi:10.46609/IJSSER.2021.v06i03.004. Accessed Mar. 2021.
APA 6
Wu, C., Liu, J., & Lin, F. (2021, March). INSTITUTIONAL INVESTOR HETEROGENEITY AND INNOVATION. Int. j. of Social Science and Economic Research, 6(3), 806-815. doi:10.46609/IJSSER.2021.v06i03.004
Chicago
Wu, Chonglin, Jie Liu, and Fangyu Lin. "INSTITUTIONAL INVESTOR HETEROGENEITY AND INNOVATION." Int. j. of Social Science and Economic Research 6, no. 3 (March 2021), 806-815. Accessed March, 2021. doi:10.46609/IJSSER.2021.v06i03.004.

References
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Abstract:
According to investment horizons and portfolio concentration, this paper divides institutional investors into short-concentrated, short-diversified, long-concentrated, and long-diversified investors, and analyse the impact of different types of institutional investors on the innovation intensity of listed companies. Based on the data of non-financial listed companies in China's Ashare stock market, the empirical results show that short diversified and long concentrated investors can promote the innovation intensity of listed companies, and this effect is more significant after the encouragement of regulatory policies.

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